Wichita eagle., 1887-04-13
WONDERFUL WICHITA.
The Magic Mascot of the Meridian.
om the St. Louis Globe Dem .cras.

4
From the St. Louis Globe Dem .cras.
During the week preceding the late
municipal elections the transfer of real eS
tate were not quite so large as during the
previous week, but this week the sales have
very largely increased, and there are on
| foot some Of the biggest real estate deals in
| Wichita's history The market is very
| strong and all of the better posted inves-
| tors are very positive in their declarations
that within the next few months there will
be the greatest activity in real estate that
has been known here The same is true of
the building boom. The leading Chi
tects are kept busy day and night prepar-
ing plans for building new blocks and all
classes of bulldogs.
Manufacturing establishments are com
ing here daily Among some Of these,
which originated during this week. are:
A nail mill to be removed from Pennsyl-
vania and to employ 400 hands
A large stone dressing concern from
Peoria, H.: seventy five hands
4 large carpet factory from an Indiana
city and other smaller ones
Some St. Louis parties have organized q
stock company, with $4,000 capital, to
manufacture pressed fire brick for fronts.
a superior quality Of clay having been dis
covered at a depth of twenty feet in Il e
southeast part of the city.
Today inquiries were received from a
large iron aud nail factory in Indiana aud
also large wire fence and steel nail con
Germ at ST. Louis, who want TO locate here
Among some OF the larger transfers OF
real estate this week are:
Lot IL. on Emporia avenue, from G.. "
Edwards to J. Shank. for Si3 900.
l.. q. Smith sold to c. c. Peavey lot 46
on Cedar street. in McNair & Smiths ad-
ditien, for $4,000
Hon. Edward 5. Mcdonald and John
Chambers of Jacksonville, ILL.,. and Mr.
Wilson of New York, paid ;;24, 600 for
ten-acre piece known as the Ross tract Oh
South Lawrence, Topeka and EmpOria
and Douglas, and were offered $50, 900 the
day they got it, but refused it. Dir
Wilson has $500 600 invested in
Wichita, but will not sell any Of it
y syndicate represented by George p.
Close and VIM. NJ Dean has brought
seventy-tive acres from Mr. Mic McMick
for S31, 500 or 500 an acre. This proper
ty lies on the West Side, about two miles
from the river
There were several others of similar
including some Main street
prime business property, which brought
from St2. 900 to $25, 900 per lot, twenty
five foot front.
The West Riverside Land Company
bought 200 acres northwest of the new
Catholic buildings for 100000
Another syndicate headed by Mr.. II. w |
Levy, leading banker of this |
:ity, purchased 12O acres in the |
northeast near Paramount College, |
or $4,000, or $1,000 per acre
Another syndicate is arranging to buy |
evenly acres near the river, and south OF |
Maple street, for $4,000
These sales to-day reach five figures
ach:
T. E. Smith to J. L. Mead. 40 acres in
he southwest near the river. in section 33,
ange &c. township |, east S24 000
Another was from Ashbcl Wtlch to J. o.
Davidson, $50 acres in section So range
IS, township 1 east, for $jf 900 This is
lue north of the city
The third WAS from J. O. Davidson to
he Midland Investment Company, half
interest in the Adams addition and a!l OF
he Midland addition. for S9l 900.
The Wichita ard Valley Center Motor
inc bought tract for $4,000 near the
rounds selected by the Trotting Assocla-
ion.
The Wichita Rapid Transit Company Oh
Wednesday decided To extend their lines
everal miles III the easl ard south
\ company has beea organized with Il
uiiicient capital stock. for the purpose of
onstructing belt railroad around the en-
re city, for both freight and passenger
usiness. The Sedgwick County National
'ank WAS organized last night, with a cap
al of $500, 900, TO do business on the
Test side.
The water works are being enlarged and
le new mains extended in all directions
he amount to be expended during the
oming season by the company is S25U, 900
Wichita is also rising into prominence as
n educational center, and richly deserves
er new name, The Athens Of the West"
,esides au Academy of Music there will be
ompleted this season no less than a dozen
olleges and universities, costing from
100. coo to $3.50. 900 each, as follows:
Garfield University. by the Christian
hurch people; the Catholic Colleges, three
a number; the University of Wichita, by
Dt III ]
ersity, or the Baptist College; John
Bright University. built by the Society of
friends; Fairmouut College, after Vassar
;ollege and Lewis Academy, both female
nlleges. by the Presbyterians, and the
Kansas Military Institute.
Each of the institutions named will ac-
some 2J0 students, SD that
rom the above list will tc seen that
here will not be more desir
bic place for people of all creeds. sects
nd nationalities to reside than in Wichita
'esdes these institutions she has splendid
ublic graded high schools.
The u ~ G. A building excavation on
he corner Of Lawrence and Second is
ompleted, and the money for the building
-$41 ,0O0-in the bank. Work will be
ushed as soon rs the material arrives.
The opera house, to cost $75, 900, is to